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25-Unit Mobile Home Park
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350 Ira Turner Rd, Leakesville, MS 39451

Mobile home park with cottages and house, upside in rents.

Property Size1,500 SF
Price / SF$730
Days on Market1573

Property Features for 350 Ira Turner Rd

General Information

Standard status Active
Size 1,500 SF
Class B
Property subtype Multifamily
Net Operating Income $189,000

Building Details

Year Built 1999
Buildings 25
Stories 1
Units 24
Listing Agency: Cook Commercial Properties
Listed By: Joseph Tubb · License #MS S-50068
Source: Crexi
Added: May 25, 2022 Changed: Sep 12 Last Checked: Sep 13 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cook Commercial Properties

Investment Insights

Based on property information with market context.

This property features a 25-unit mobile home park, comprising 20 park-owned mobile homes, 4 cottages, and a 1,500 square foot house. An on-site manager handles groundskeeping and most maintenance tasks. The owner increased rents in June 2023, projecting a future gross annual revenue of $189,000. The owner is downsizing and retiring. There is room to add several more units.

Key Highlights

  • Upside in Rents with increased rents implemented June 2023, projecting a future Gross Annual Revenue of $189,000.00.
  • 25 Unit Mobile Home Park featuring a mix of 20 Park‑Owned Mobile Homes, 4 Cottages, and 1 House (1500 SF +/-).
  • Onsite manager handles groundskeeping and most maintenance issues.

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Grocery & Convenience Store Law Firm Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 39451, MS

6,657
Population
1,670
Households
4
Avg Household Size
40
Median Age
11%
College-Educated
71%
High-School Grad
260.8 sq mi
ZIP Area
26
Density / Sq Mi
$51,685
Median Household Income
$36,480
Median Earnings
$836
Median Rent
$111,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mobile home park with cottages and house, upside in rents.
Where is this mobile home & rv park located?
The property is located at 350 Ira Turner Rd Leakesville, MS.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Upside in Rents with increased rents implemented June 2023, projecting a future Gross Annual Revenue of $189,000.00.; 25 Unit Mobile Home Park featuring a mix of 20 Park‑Owned Mobile Homes, 4 Cottages, and 1 House (1500 SF +/-).; Onsite manager handles groundskeeping and most maintenance issues.
(601) 606-1900 Call to check price and availability
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